Protect Those Who Matter Most with Term Life Insurance

How long do you need life insurance coverage? Maybe you only need it for student or vehicle loans. Or maybe you need coverage for a mortgage or business loan. Either way, we have Term Life Insurance policies that can help. Our Term Life Insurance policies help guarantee your loved ones a death benefit if you die while the policy is in force. So instead of leaving your family with debts to pay, you'll help leave them financially secure.

Find an Agent

Our Term Life Insurance policies offer coverage for periods of 10, 20, 30 or 65 years. You choose the length of time, depending on how long you need the coverage.

Eligibility

There has never been a better time to start than right now. There's a lot more to like about these Term Life Insurance policies:

Premiums are guaranteed for the full life of the policy and increase on a pre-determined schedule. With Life Term 10 or 20, premiums increase every 10 or 20 years up to age 85. Life Term 30 offers level premiums for 30 years; thereafter, the policy is renewed every 10 years with pre-determined increased premiums up to age 85. Life Term to 65 minimum is $25,000 and non-renewable.

You can pay your premiums monthly, semi-annually or annually.

You can continue your coverage beyond the initial period up to age 85 for Life Term 10, 20 and 30.

Tax-free death benefit — No matter how large your death benefit, it passes to your beneficiaries generally income tax-free.

Need lifelong coverage? Just convert your Term Life Insurance policy to permanent coverage — no matter your state of health.

Customize Your Policy

Add even more value to your Term Life Insurance policy by buying any of these optional riders. A State Farm™ agent can help you customize a policy to meet your needs.

Provides temporary insurance for eligible children up to the earlier of age 21 or 25 if they are full-time students or until you turn 65. Just one rider can provide up to $20,000 in coverage for each eligible child in your family. The rider can be converted to permanent insurance for up to three times the amount of coverage on the first of the following events: your 65th birthday, when your child turns 21 or 25 if they are full-time students, or if they get married.

Allows temporary insurance coverage for another person. Depending on the rider selected, premiums are level for 10, 20, 30 or 65 years. At the end of that period, the Life Term 10 or 20 is renewed automatically for a similar term. The new premium stays level for the entire new term and you can renew if you choose to do so, up to age 85.

Helps preserve your plan at a time when income may be limited due to a disability. If the base insured becomes totally disabled for six continuous months, as defined in the policy, prior to age 60, this optional coverage will waive future premiums as long as the insured continues to be totally disabled. This rider coverage automatically terminates on the policy anniversary when the insured is age 60, unless disability occurs prior to that time.

Related Products

Learn More

Disclosures

This is only a general description of coverage. A complete statement of coverage is found only in the policy. For more details on coverage, costs, restrictions; or to apply for coverage, contact a local State Farm agent. There are limitations and conditions regarding payment of benefits due to misrepresentations on the application or when death is the result of suicide in the first two policy years.

® State Farm and related trademarks and logos are registered trademarks owned by State Farm Mutual Automobile Insurance Company, used under licence by Certas Home and Auto Insurance Company and certain of its affiliates. View Trademark Information for more details.